CHEYENNE, Wyo., June 21, 2006 (PRIMEZONE) -- Amelot Holdings Inc. (PinkSheets:AMHD) is pleased to announce that its wholly-owned subsidiary, Amelot Alternative Energy, Inc., has signed a letter of intent to lease a Nashua, New Hampshire facility from Brady Sullivan Properties for a period of 3 years. The facility has 2,969 square feet of office space and 26,713 square feet of manufacturing space with railroad access right to the facility.
"We are extremely pleased that we have signed a Letter of Intent on this facility. We have been looking at several locations and had even secured a facility back on May 11th. By taking additional time researching all our options, we found a better facility that will fit our initial needs and our future growth. In addition, this facility provides loading docks and has railroad access. Having railroad access to the building is a major benefit for operations. This can save us thousands in shipping costs." said Aziz Hirji, President of Amelot Holdings.
About Amelot Holdings, Inc.
Amelot Holdings, Inc. is a diversified holding company focused on acquiring under-valued, high-growth firms and properties in the natural resource industry.
The Amelot Holdings, Inc. logo is available at http://www.primezone.com/newsroom/prs/?pkgid=2149.
Statements in this press release that are not historical facts are forward-looking statements within the meaning of the Securities Act of 1933, as amended. Those statements include statements regarding the intent, belief, or current expectations of the Company and its management. Such statements reflect management's current views, are based on certain assumptions, and involve risks and uncertainties. Actual results, events, or performance may differ materially from the above forward-looking statements due to a number of important factors, and will be dependent upon a variety of factors, including, but not limited to, our ability to obtain additional financing and access funds from our existing financing arrangements that will allow us to continue our current and future operations, and whether demand for our products and services in domestic and international markets will continue to expand. The Company undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in the Company's expectations with regard to these forward-looking statements or the occurrence of unanticipated events.